Factors Shaping Labour Market Participation
Keywords:labour market participation, employment outcomes, work-related expectations, World Values Survey
Like other postmodern structures, post-industrial labour markets display more frequent and rapid changes and higher unpredictability. In these conditions, the world of work is less capable in providing individuals stable signals for the construction of their behaviours. This paper aims to examine both macro and micro factors that shape labour market participation and expectations related to employment outcomes. We explore statistical data from the World Values Survey Wave 7 (2017-2020) collected from almost seventy thousands individuals around the world. Focusing on subjective evaluations of expected employment outcomes, our results are relevant for better understanding labour market participation from a postmodern perspective.
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